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Feb 20, 2013
02/13
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the republican plan is that all of the deficit reduction should be paid for by seniors and the middle class and wealthy should pay nothing more. that's why the house and senate democrats have a plan that the president has endorsed, the buffett rule which would raise tens and billions of dollars in order to by ensuring that when we do tax reform, seniors are d, millionaires will not pay less. >> you saw what john boehner, the speaker, wrote in "the wall street journal." the president has repeatedly called for more tax revenue but the american people don't favor spending cuts for higher taxes. they understand that the tax debate is now closed. he says, forget about additional tax increases between now and next friday. that's close. >> one thing, if the speaker is -- believes that the american people don't think that the wealthy should pay more by closing loopholes, he he must be reading the same polls that have mitt romney winning ohio. second, i also heard what the speaker said two month ago when he came to the president and said, we he could raise a trillion dollars by closing loophol
the republican plan is that all of the deficit reduction should be paid for by seniors and the middle class and wealthy should pay nothing more. that's why the house and senate democrats have a plan that the president has endorsed, the buffett rule which would raise tens and billions of dollars in order to by ensuring that when we do tax reform, seniors are d, millionaires will not pay less. >> you saw what john boehner, the speaker, wrote in "the wall street journal." the...
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Feb 22, 2013
02/13
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what we have now is a situation where the president has put forward proposals to reduce our deficit by $4 trillion that it supposed to become policy. what we have now is a situation where the president has put forward proposals to reduce the deficit by $4 trillion in total over ten years which is a a goal that bipartisan commissions and economists have said that it is necessary to reach fiscal stability, and reduce the share of the, you know, the reduce the share of gdp and the deficits as a share of the gdp, and that is the goal that john boehner and the president sought when they worked on the grand bargain in summer of 2011 and when they worked on the deal late last ye year, and the president has put forward the proposal, but a poll shows that 76% of the american people support the balanced approach, but 19% support the republican position that it has to be done with spending cuts alone and something has to give. and there has to be a compromise. >> okay. something has to give, and i know that the speaker john boehner called and mitch mcconnell called the speaker, and anything emerg
what we have now is a situation where the president has put forward proposals to reduce our deficit by $4 trillion that it supposed to become policy. what we have now is a situation where the president has put forward proposals to reduce the deficit by $4 trillion in total over ten years which is a a goal that bipartisan commissions and economists have said that it is necessary to reach fiscal stability, and reduce the share of the, you know, the reduce the share of gdp and the deficits as a...
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Feb 23, 2013
02/13
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we have a legitimate long-term deficit challenge. both in terms of the entitlements and whether we have enough revenue to fund what is going to be required as our society ages. sooner or later we have to address the problem, it doesn't address the problem. >> gloria, what makes people crazy out there, we seem to be going from one crisis to another, to another financial crisis to another one. everybody seems to inept. >> that is because they are, and they continued to kick the can down the road. i have a list here, go back the 2010, summer 2011, january 1, you just had the fiscal cliff. now we have the march 1st deadline, and then by the way, march 27th, we have another deadline about shutting the government down. so can you blame the public for sort of tuning it out and just giving congress what is it? a 15% approval rating? and by the way, the president's approval rating will, i bet, go down, as well. >> all of these financial crises are really a manifestation of the same political crisis. we have the same two mirror coalition, the
we have a legitimate long-term deficit challenge. both in terms of the entitlements and whether we have enough revenue to fund what is going to be required as our society ages. sooner or later we have to address the problem, it doesn't address the problem. >> gloria, what makes people crazy out there, we seem to be going from one crisis to another, to another financial crisis to another one. everybody seems to inept. >> that is because they are, and they continued to kick the can...
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192
Feb 19, 2013
02/13
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well, you get deficits by spending too much. steny hoyer was saying it's a pay-for problem. the democrats refuse to acknowledge that washington has a spending problem. we're on the road to greece and europe if we do not address this spending and it's dragging our economy down. it is costing us jobs right now. until we acknowledge there's a spending problem, start making the tough decisions, setting priorities, our economy's not going to grow. that's why it is so important that we have to agree first of all that we're going to reduce the spending, start living within our means. >> i think you would agree this is also a result of both congress and the white house kicking the can down the road one too many times. congresswoman, we have to leave it there today. thank you so much. we're counting you on, ten days out. >> okay. >>> vice president joe biden became pretty animated during a town hall on guns today. listen to how he answered a question about the proposed restrictions on some weapons and some high capacity magazines. >> if you want to protect yourself, get a double barr
well, you get deficits by spending too much. steny hoyer was saying it's a pay-for problem. the democrats refuse to acknowledge that washington has a spending problem. we're on the road to greece and europe if we do not address this spending and it's dragging our economy down. it is costing us jobs right now. until we acknowledge there's a spending problem, start making the tough decisions, setting priorities, our economy's not going to grow. that's why it is so important that we have to agree...
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Feb 18, 2013
02/13
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and what they did is they decided they needed some incentive to get the long-term deficits under control. that incentive was a policy that everyone agreed was done. so they wrote this into law this would happen on new year's eve that just passed unless they did something smarter and better. unless they made cuts they all agreed were a better solution. so they actually implemented a ticking time bomb in u.s. law to force them to do something better. >> the idea originated in the white house, is that true? >> that is true, according to bob woodward's book, as many house republicans like to point out, the very original idea was proposed by a couple of white house staffers up on the hill. that's where it started. both sides agreed to it and the president signed it into law. no matter where it came from, both sides supported it and voted on it. >> but at the time, they really didn't think it would ever happen. they thought there would be leverage on both sides to come up with a deal. that deal over these past many months has not happened. they're now increasing numbers of republicans you're h
and what they did is they decided they needed some incentive to get the long-term deficits under control. that incentive was a policy that everyone agreed was done. so they wrote this into law this would happen on new year's eve that just passed unless they did something smarter and better. unless they made cuts they all agreed were a better solution. so they actually implemented a ticking time bomb in u.s. law to force them to do something better. >> the idea originated in the white...
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Feb 21, 2013
02/13
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and this was supposed to be the moment when you would finally get the real deal to finally reduce the deficit in a substantial way. what did they do? they did raise taxes on the wealthy but, as the president had promised during the campaign, but they put off the budget cutting again until now where we're facing this march 1 deadline. so the american people kind of feel like we've been through this. we're tired of this. we're not sure we believe that this is a real crisis and, by the way, the american public believes that they are going to find another way to kick the can down the road. >> there is some good news, though, gloria, and it happened today and i was very pleased to hear that the president of the united states picked up the phone, called the house speaker, john boehner, he called the republican leader in the senate, mitch mcconnell. they had good conversations, we are told. i don't know if anything was achieved. but 24 hours ago when dan pfeiffer, the white house senior adviser was here, i said to him, why doesn't the president at least pink up the phone and call these guys, get tog
and this was supposed to be the moment when you would finally get the real deal to finally reduce the deficit in a substantial way. what did they do? they did raise taxes on the wealthy but, as the president had promised during the campaign, but they put off the budget cutting again until now where we're facing this march 1 deadline. so the american people kind of feel like we've been through this. we're tired of this. we're not sure we believe that this is a real crisis and, by the way, the...